Thursday, October 9, 2025
The Trump administration is considering a significant reduction in the United States' diplomatic presence worldwide. The proposal is to close nearly 30 embassies and consulates, over half of which are located in Africa. This initiative is part of a broader plan to cut the State Department's budget by nearly 50%, aiming to reduce foreign aid by approximately 75%.

Trump Administration to Reduce Diplomatic Presence Worldwide: Half of Proposed Closures from Africa

(3 Minutes Read) According to an internal State Department document, the proposed closures include embassies in Lesotho, Eritrea, the Central African Republic, the Republic of...
China-Africa Trade Hits USD 295 Billion in 2024, Marking 15th Year of Strategic Growth and Economic Partnership

China-Africa Trade Hits USD 295 Billion in 2024, Marking 15th Year of Strategic Growth...

(3 Minutes Read)  The economic and trade relationship between China and Africa is experiencing steady growth, with bilateral trade reaching approximately USD 295 billion in...
Cedi Strengthens on Central Bank Support; Kwacha Faces Pressure as East and West African Currencies Stay Steady

Cedi Strengthens on Central Bank Support; Kwacha Faces Pressure as East and West African...

(3 Minutes Read) As global economic uncertainty persists—fuelled by geopolitical tensions and lingering effects of U.S. trade policies—African currencies remain sensitive to both domestic fundamentals...
A new storm is shaking global markets. In April 2025, the price of crude oil dropped by more than 20%, reaching its lowest level in four years. The causes include ongoing trade tensions, exacerbated by the Trump administration's tariff policies.

Oil Prices Decline by 20%: To Affect Africa’s Oil Producing Countries

(3 Minutes Read) In Nigeria, the continent’s largest oil producer, the impact is immediate: the budget deficit widens, slowing infrastructure projects and social programs. In...
Dozens of Indigenous leaders and environmental activists gathered outside Brazil’s Itamaraty Palace in Brasília, calling for bold climate action ahead of COP30, set to take place in Belém this November.

NGOs Call for Bold Actions Against Climate Change Ahead of COP30 in Belem

(2 Minutes Read)  In a symbolic act, they scattered ashes from Amazon forest fires to demand an end to fossil fuel dependence and advocate for...
WHO Director-General Tedros Adhanom Ghebreyesus heralded it as a historic moment, saying countries have proven that “in our divided world, nations can still work together to find common ground and a shared response.”

WHO Concludes Agreement Relating to Pandemic

(3 Minutes Read) During COVID-19, it was largely American research and development that produced the most effective vaccines and medicines. Weeks after Trump’s decision, Argentina’s President Javier...
The European Commission said that seven countries – also including Egypt, India and Kosovo – should be designated as “safe third countries.” Applications by their citizens for international protection in Europe would be wrapped up in three months rather than the usual six. In total, more than 200,000 people from these countries applied for asylum last year.

EU to Follow Stricter Immigration Laws

(3 Minutes Read) The new rules are not set to enter force until at least June 2026, and the commission is desperate to speed up...
Despite the 90-day pause, the enduring uncertainty threatens to act as a brake on global growth, with severe negative consequences for the world, particularly for the most vulnerable economies, WTO Director-General Ngozi Okonjo-Iweala stated in a press release.

Tariff War to Cause Disastrous Effect on Global Trade: WTO Chief

(3 Minutes Read) The World Trade Organisation says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to...
The Canton Fair opened in the southern city of Guangzhou with some 31,000 companies participating at 74,000 booths, according to state media.

Canton Fair Attracts Large Number of Companies

(3-minute Read) US President Donald Trump imposed sweeping tariffs on goods imported to the United States from nearly all countries and territories at the beginning...
Handcrafted dark chocolate praline Easter eggs are adorned with shimmering gold leaf, a seasonal delight from XO Chocolate London. Chocolatier Robert Kingdon believes this addition enhances the quality and texture of the treat

Easter Eggs Cost Dearly as Cocoa Prices Go North

(3 Minutes Read) The surge in cocoa prices can be attributed to a combination of climate issues, disease, market speculation, and the struggles faced by...